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Housing Starts s.a YoY held to 200.2 in June 2013. The print exceeded the 178.0 consensus by 22.2. Housing Starts s.a YoY has now risen for 3 consecutive months.
Historically, this indicator is negatively correlated with USD/CAD (Bullish CAD) and positively correlated with CAD/JPY (Bullish CAD).
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